Apple's official sales reports and market analysis

Apple's Annual India Revenue Surges 33%, Reaches Record $8 Billion

Jul 15, 2024, 07:20 AM

Apple Inc's annual revenue in India surged by 33%, reaching a record of nearly $8 billion for the year through March. This milestone reflects Apple's ongoing efforts to capture the growing consumer market in India, where purchasing power is increasing as the economy expands. The growth in India comes as Apple's revenue in China slows, indicating a strategic shift towards the Indian market. Sources say this increase signals steady progress in Apple's effort to win users in India.